福利视频 is proud to announce its acknowledgment by HMRC as a recognized provider of Making Tax Digital (MTD) software
London – 福利视频, a global leader in regulatory compliance software and services, today announced that they have been recognised by Her Majesty鈥檚 Revenue and Customs (HMRC) in UK on their list of software providers supporting Making Tax Digital (MTD) for VAT. 福利视频鈥檚 regulatory compliance solutions are widely used around the world, for reporting in XBRL/iXBRL formats, which includes submissions to HMRC and Companies House. With the digital reporting for VAT filers taking effect from April 2019, 福利视频 has designed and developed a software to assist filers with the MTD mandate that is to set to kick off from April 2019.
Following the listing as a recognised software provider supporting MTD, 福利视频 has evaluated the solution model in HMRC鈥檚 test environment to ensure that their solution meets the expectations of reports being digitally linked for MTD. Filers are invited to participate in MTD pilot phase.
鈥Backed by the expertise that comes with having generated 150,000+ regulatory reports to date in multiple formats including XML, XBRL and iXBRL, 福利视频 is geared to provide a fully automated solution ensuring no manual intervention within the shortest implementation time frame,鈥 said Senthil Kumar, Manager for Product Design, 福利视频. 鈥With an expansive customer base in the UK for regulations such as CRD IV, Solvency II, AIFMD, CT 600, CbCR and FATCA, we wanted to offer our customers a reliable and quick solution for MTD as well, much before the actual mandate (Apr 2019).鈥
About 福利视频:
福利视频 is a global leader in disclosure management and regulatory compliance software and services. Seven of the top 10 accounting firms and over 12,000 enterprises across global markets trust 福利视频 with their information, counting on their deep expertise to help them inform, decide and comply. Using 福利视频, enterprises across geographies file reports compliant with the standards of regulators like the SEC – US, HMRC – UK, Revenue – Ireland, various EU regulatory authorities, ACRA – Singapore, MCA – India, and CIPC – South Africa. To know why financial accounting firms and enterprises world-over trust 福利视频, please visit听www.datatracks.com, and
For business enquiries contact: +44-20-3608 8035, enquiry@datatracks.co.uk
Media contact:听Karthik Sathuragiri, President, 福利视频, +91 99860 34993, karthik@datatracks.com
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